Non-Money Minute

Socially Responsible Investing

Wealthsimple

Wealthsimple just launched gift cards which is what all my imaginary children and nieces are getting for the holidays. Halal investing? Yes, that’s a thing.

Spend some time as a voyeur in their Money Diaries section to read about the money habits of celebrities like Mario Batali and Elijah Wood.

Wealthsimple uses the “SHE” ETF for individuals looking to invest in companies that have a lot of women in management roles, which we’re calling “gender diversity.” Personally, I think the whole thing is a bit sketchy. Lockheed Martin gets into this fun because it has a few women on the board. And look! There are four smiling women in this lovely press photo on Coca-Cola’s website. You can read the legalese here.
The gender diversity fund is managed by State Street Capital, a Wall St. giant who were recently in the news for settling a $5 million dollar lawsuit for salary discrimination against women. Yeah, that doesn’t sit right with me. Here’s the news story.

Kickstarter Questions!

What is commodities trading? Zachary Gering helps us figure out what commodities are. The film Trading Places does an amazing job of explaining commodities. Here’s a link to the clip.